The UK Gambling Commission (UKGC) has completed Stage-1 of its pilot on financial affordability risk checks, in which frictionless assessments have been carried out by credit agencies on the historic data of participating online operators. An update on the Commission’s four-stage pilot was provided by Helen Rhodes, Director of Major Projects and Evaluations. The pilot, which began on 30 August, …
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UKGC: Pilot on affordability checks prioritises identifying high-risk accounts
The UK Gambling Commission (UKGC) has provided a technical update on its upcoming pilot for financial risk assessments for customers. As announced on 1 May 2024, the Commission will begin its pilot of frictionless ‘light touch’ financial risk assessments from 30 August. The pilot will initiate the Commission’s four-stage plan to adopt regulatory changes to “remote game designs, terms and …
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